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For what? For pay transparency look at Congress staffers, lot of state employees, a lot of CEOs, the military or some tech companies. For the second point I thi
by maxxxxx 8y ago
For what? For pay transparency look at Congress staffers, lot of state employees, a lot of CEOs, the military or some tech companies. For the second point I think it's pretty well known that markets can only properly function if all participants have the relevant information.
- renholder 8y ago>For the second point I think it's pretty well known that markets can only properly function if all participants have the relevant information. So the markets have been improperly functioning, this entire time, because they didn't have the relevant information...?
- maxxxxx 8y agoYes, the salary market is not functioning properly because one side has vastly more information than the other side.
- Gibbon1 8y ago> markets can only properly function if all participants have the relevant information. That's the reason why it's criminal for employers to punish employees for discussing compensation with each other and why employers try their hardest to prevent that from happening. I posit that in a lot of (most) companies profit is born wholly by the underpaid employees.